The tricky part is how you are looking to qualify.

If the turnkey company gives us an idea what the property is worth, our verification doesn't go back to the turn-key to question about the value, no we instead turn to third party i.e. independent re searches that verify the value - and same with all other information given to us by turnkey companies, realtors, sellers or whomever your are interreacting with."

Maybe I am confused or maybe there isn't enough info here...THE PMC worked for free this entire time handling an unfortunate situation that was not likely either party's fault.

Even with those adjustments, 50% seems steep if you are sourcing out construction management and property management to 3rd parties.

Pretty much the core of the STR business.Higher your rank gets, you can increase your price and be more picky in selecting customers which usually lead to a better review / less party or complaints / less expense and higher profit with a happy life.I know some people will argue, but the ranking system is the truth and should be the only guide to your STR journey. 

For the most part, I think I understand the basic idea of a 1031 Exchange.

I realize I am late to the party but I just watched an all day webinar by Anderson Advisors on Tax & Asset Protection last Saturday and found it very beneficial and informative that I was interested in signing up for their services.

Many will also require a third party due diligence report from a company like Mick Law or factright (which they run around $30-$50k). 

The listing parties all seem to have 2024 accounts.     

The QI has to be an unrelated 3rd party to the transaction.